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Finance Ministry borrows over 550 million euro from banks

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borrows over 550 million euro from banks

The Ministry of Finance (MF) borrowed 554.7 million euros from banks on Wednesday through two issues of government bonds with coupons, according to data published by the of Romania (BNR), told Agerpres.

Thus, MF attracted 123.7 million euros through a government bond issue with a coupon, with a residual maturity of 14 months, at an average yield of 4.11% per year. The nominal value of Wednesday's issue was 100 million euro and banks subscribed 213.7 million euro.

MF also borrowed 431 million euro through a…

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